Answer:
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Explanation:
chicken nuggets
<span>An object that formerly was personal property but has become real property is a fixture. A fixture is defined as any physical property that is attached/fixed to a real property, like land. Because they are attached to one another, the fixture because real property and treated as such pertaining to property law. </span>
Answer:
The ADR is $100
Explanation:
The average daily rate (ADR) for a hotel is calculated by taking the average revenue earned from rooms and dividing it by the number of rooms sold.
In the scenario presented above, the lodge has one hundred rooms, but sold only ninety rooms, making $9,000. Therefore, we calculate the ADR as follows:
=> $9,000/90
=> $100.
Therefore the average daily rate is $100, meaning that, on average $100 was made per room that was sold.
Answer:
4.82 percent
Explanation:
We use the Rate formula in this question that is shown in the attachment
The NPER is the period of time.
Provided that,
Present value = $1,000 × 101% = $1,010
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 7.5% ÷ 2 = $37.5
NPER = 30 years - 6 years = 24 year × 2 = 48 years
The formula is presented below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
1. The pretax cost of debt is 7.41%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 7.41% × ( 1 - 0.35)
= 4.82%
Answer:
True.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
An account can be defined as a formal and individual record of the financial transactions of a person, business firm, goods, assets, liability, etc.
All the transactions with respect to a particular item such as income, expenses, assets, liability, etc., are recorded in its account.
In general, accounts are split or divided into two main categories and these includes;
I. Personal Accounts
II. Impersonal Accounts.